Medical Aesthetics Market Scope by Different Segments

Scope of the Report

This report categorizes the global medical aesthetics market into the following segments and subsegments:

Medical Aesthetics Market, by Product

• Facial Aesthetic Products
• Body Contouring Devices
• Cosmetic Implants
• Hair Removal Devices
• Skin Aesthetic Devices
• Tattoo Removal Devices
• Thread Lift Products
• Physician-dispensed Cosmeceuticals and Skin Lighteners
• Physician-dispensed Eyelash Products
• Nail Treatment Laser Devices

Medical Aesthetics Market, by End User

• Clinics, Hospitals, and Medical Spas
• Beauty Centers
• Home Care

Medical Aesthetics Market, by Region

• North America
• Europe
• Asia Pacific
• Rest of the World (RoW)

"Medical Aesthetics Market is projected to reach USD 25.6 billion by 2027 from USD 10.3 billion in 2018, at a CAGR of 10.6%.

The growing adoption of minimally invasive and noninvasive aesthetic procedures, rising adoption among geriatric individuals, increasing public awareness about cosmetic procedures, the availability of technologically advanced and user-friendly products, and the increasing demand for aesthetic treatments among men are the key factors driving the growth of the medical aesthetics market during the forecast period.

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Healthcare Business Intelligence Market by Top Key Players

Factors such as the implementation of government initiatives to increase EHR adoption, growing adoption of data-driven decision-making, growing pressure to curb healthcare spending and improve patient outcomes, big data in healthcare, and the increasing number of patient registries are expected to drive the growth of the healthcare business intelligence (BI) market.

The healthcare business intelligence (BI) market is expected to reach USD 8.9 billion by 2023 from USD 4.4 billion in 2018, at a CAGR of 15.3% during the forecast period.

IBM and Microsoft are leading players in Healthcare Business Intelligence Market

Microsoft is among the key players in the healthcare business intelligence market. The company focuses on strengthening its R&D efforts to reinvent business productivity and build cloud platforms. It also provides its users with economical and convenient products that are integrated with the latest technological solutions and services. Microsoft’s strategy requires it to continuously invest in data centers and other infrastructure that support the latest devices and services. Also, the company invests a substantial amount of its annual revenue in R&D to offer powerful, flexible, secure, and easy-to-use solutions, which are available on a device or via the cloud. Microsoft mainly focuses on product innovation—in the last three years, the company has launched 6 products in the healthcare BI market

IBM is one of the key players in the healthcare BI market and provides a comprehensive range of solutions for this market. IBM is an innovation-centric company; its R&D expenditure has increased substantially in 2017 as compared to 2015. In 2017, it invested 7.3% of its annual revenue in R&D activities. This significant investment allows the company to offer innovative solutions by adopting new product launches. With an aim to increase its footprint in various sectors, IBM has adopted inorganic strategies, such as acquisitions, collaborations, and partnerships.

Other Key players in healthcare business intelligence (BI) market

The market is highly competitive in nature, with several big as well as emerging players. Prominent players in this market include Oracle (US), SAP SE (Germany), SAS Institute Inc. (US), Tableau Software (US), MicroStrategy Incorporated (US), QlikTech International AB (US), Information Builders (US), Sisense Inc. (US), Yellowfin BI (Australia), and BOARD International (Switzerland).

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